IDEAS home Printed from https://ideas.repec.org/a/agr/journl/vxxiy2014ispecialp190-214.html
   My bibliography  Save this article

Financial services authority and moral hazard

Author

Listed:
  • Mitica PEPI

    (University of Ovidius Constanta, Romania)

Abstract

Moral hazard played an influential role in the shape of the post-crisis policy debate on the role and limits of optimal financial regulation as a means of constraining excessive risktaking socially. At the same time, however, our understanding of moral hazard - potential sources, its impact on financial institutions and markets, and appropriate regulatory responses - is far from complete. What if the resident moral hazard is in the financial system? How does it influence the decisions of market participants, financial regulators, and policy makers elected? How can we identify and measure the impact? What role financial regulation plays in generating it? And the most important thing, you can play regular role in preventing - or at least minimize - the harmful effects?

Suggested Citation

  • Mitica PEPI, 2014. "Financial services authority and moral hazard," Theoretical and Applied Economics, Asociatia Generala a Economistilor din Romania - AGER, vol. 0(Special), pages 190-214, June.
  • Handle: RePEc:agr:journl:v:xxi:y:2014:i:special:p:190-214
    as

    Download full text from publisher

    File URL: http://store.ectap.ro/suplimente/International_Finance_and_Banking_Conference_FI_BA_2014.pdf
    Download Restriction: no
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:agr:journl:v:xxi:y:2014:i:special:p:190-214. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Marin Dinu (email available below). General contact details of provider: https://edirc.repec.org/data/agerrea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.